Area Intelligence

AYER KEROH ECO PARK

49 properties
Terraced Factory
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Median Price
RM 879,000
PSF: RM 220

Commercial Market

Median Price

RM 879,000

IQR: RM 6
MAD: RM 3
RM 220 PSF 2.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

AYER KEROH ECO PARK in Melaka Tengah, Melaka recorded 49 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 879K and a median price per square foot (PSF) of RM 220.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 879K, with most transactions falling within a stable range of RM 819K to RM 939K, and a typical market range of RM 798K to RM 1.20 million.

Within the Terraced Factory category, terraced factory/warehouse dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 220, with most transactions between RM 208 and RM 232. The usual range is RM 217.25 to RM 222.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.50 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

Area Location

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AYER KEROH ECO PARK, Melaka Tengah, Melaka

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Transactions

49 properties grouped by size

4,000 sqft
45 units (showing 6) Terraced Factory
RM 899,000
JLN ECO 2
4,004 sqft · RM 225.00 PSF
Jun 2024
RM 930,000
JLN ECO
4,004 sqft · RM 232.00 PSF
Feb 2024
RM 899,000
JLN ECO
4,004 sqft · RM 225.00 PSF
Jun 2023
RM 909,000
JLN ECO 2
4,004 sqft · RM 227.00 PSF
Jun 2023
RM 899,000
JLN ECO 2
4,004 sqft · RM 225.00 PSF
Feb 2023
RM 899,000
JLN ECO
4,004 sqft · RM 225.00 PSF
Dec 2022
4,500 sqft
1 units Terraced Factory
RM 849,000
JLN ECO 2
4,499 sqft · RM 189.00 PSF
Mar 2022
4,550 sqft
1 units Terraced Factory
RM 850,000
JLN ECO 1
4,553 sqft · RM 187.00 PSF
Sep 2023
4,900 sqft
1 units Terraced Factory
RM 865,000
JLN ECO PARK
4,908 sqft · RM 176.00 PSF
Jul 2021
5,950 sqft
1 units Terraced Factory
RM 1,200,000
JLN ECO 2
5,942 sqft · RM 202.00 PSF
Mar 2022